Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Finger Lakes Land Trust acquires 101 acres of land near Skaneateles for conservation area
SKANEATELES, N.Y. — The Finger Lakes Land Trust (FLLT) says it has acquired 101 acres of open space just outside the village of Skaneateles. FLLT will retain and manage the property in perpetuity as a publicly accessible nature preserve to be known as the Shotwell Brook Conservation Area. The property was identified as a conservation […]
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SKANEATELES, N.Y. — The Finger Lakes Land Trust (FLLT) says it has acquired 101 acres of open space just outside the village of Skaneateles.
FLLT will retain and manage the property in perpetuity as a publicly accessible nature preserve to be known as the Shotwell Brook Conservation Area.
The property was identified as a conservation priority due to its location near the headwaters of Shotwell Brook, a key tributary of Skaneateles Lake, FLLT said in its announcement. The parcel includes more than 1,000 feet of frontage on the brook and more than 1,000 feet of frontage on U.S. Route 20.
It is part of the eastern gateway to Skaneateles and the Finger Lakes region, FLLT noted.
“I am incredibly pleased to have completed the sale of this property to the Finger Lakes Land Trust,” Dr. Marc Pietropaoli said in the FLLT announcement. “I look forward to seeing the community enjoy the benefits of this preserved land.”
Pietropaoli is the founder of Victory Sports Medicine & Orthopedics in Skaneateles, per its website.
The FLLT purchased the property through an internal loan from its Opportunity Fund — a source of capital to facilitate time-sensitive acquisitions. The New York State Department of Environmental Conservation has pledged a grant of $1.3 million through its Water Quality Improvement Program (WQIP) and the FLLT has also received a number of private contributions, including a grant of $150,000 from the Central New York Community Foundation.
The Ithaca–based FLLT went on to say that the property is also located in an area of “intense development pressure.” Establishing the Shotwell Brook Conservation Area will provide a “significant long-term benefit” to water quality within the Skaneateles Lake watershed. Shotwell Brook enters Skaneateles Lake near the water intake for the City of Syracuse’s unfiltered drinking water supply. FLLT said.
The FLLT plans to initiate ecological-restoration efforts on the land through a partnership with the Partners for Fish & Wildlife Program of the U.S. Fish and Wildlife Service. It’ll involve restoring and enhancing wetlands on the property; planting native trees and shrubs; establishing native grassland; and controlling non-native, invasive pest species.
Additionally, the FLLT intends to develop 2.1 miles of walking paths on the land, including a universally accessible loop trail. The site will also include scenic overlooks and wildlife viewing areas along with an interpretive kiosk and a parking area.
“This project uniquely brings together two important missions of the Finger Lakes Land Trust — to expand public access to nature’s beauty around Skaneateles Lake and to help preserve the exceptional water quality that serves as the water supply for Syracuse and the central New York region,” Sean O’Keefe, FLLT board member and Skaneateles resident, said in the FLLT announcement.
Onondaga County says S&P affirms its bond rating, improves outlook
SYRACUSE, N.Y. — S&P Global Ratings has affirmed Onondaga County’s bond rating of “AA” with an improvement from “stable” to “positive” outlook, the office of
The Influence of Economic Uncertainty on Business Value
Businesses face uncertain conditions today, including geopolitical and cybersecurity risks, inflation concerns, environmental issues, and a lack of clarity about future tax laws and interest
TTM Technologies holds beam-signing event as expansion project continues
DeWITT, N.Y. — TTM Technologies Inc. (TTM) on Friday held a beam-signing ceremony at the site of its upcoming $130 million manufacturing facility adjacent to
MMRI research project receives $3.7 million NIH grant
UTICA, N.Y. — The National Heart, Lung, and Blood Institute (NHLBI) of the National Institutes of Health (NIH) recently awarded a $3.7 million grant to support a project led by Chase Kessinger, principal investigator and assistant professor of biomedical research and translational medicine at Masonic Medical Research Institute (MMRI). Kessinger will use the funding to
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
UTICA, N.Y. — The National Heart, Lung, and Blood Institute (NHLBI) of the National Institutes of Health (NIH) recently awarded a $3.7 million grant to support a project led by Chase Kessinger, principal investigator and assistant professor of biomedical research and translational medicine at Masonic Medical Research Institute (MMRI).
Kessinger will use the funding to research pulmonary embolism (PE), the third most-common cause of cardiovascular death.
“We are thankful to the NHLBI for their support of Dr. Kessinger’s research,” MMRI Executive Director Maria Kontaridis said in a news release announcing the grant. “We are confident this work will have a profound and lasting impact on the future of cardiovascular health.”
The five-year study aims to use advanced imaging techniques to understand how the size and age of blood clots impact lung inflammation and scarring, according to a press release from MMRI. Advanced imaging techniques may also allow researchers to measure the effectiveness of clot-dissolving therapies.
“PE is a devastating cardiovascular ailment that can lead to drastic reductions in quality of life and chronic, long-lasting limitations,” Kessinger said in the press release. “This project aims to help clinicians better diagnose and treat patients with PE.”
PE is a sudden blockage in one of the pulmonary arteries in the lungs. Usually caused by a blood clot that traveled from a deep vein to the lungs, which can happen during extended periods of immobility, and prevents blood from flowing properly.
Kessinger specializes in integrating translational imaging techniques and novel diagnostics and therapeutic agents to study and treat cardiovascular disease with the goal of finding tools to better identify and target blood clots to prevent PE.
“We’re conducting groundbreaking research right here in the Mohawk Valley,” he said. “This funding will empower us to support talented scientists and their transformative projects in Utica, fostering a thriving world-class scientific community.”
MMRI’s research focuses on the causes of cardiovascular, neurocognitive, and autoimmune diseases.
Syracuse, Ithaca firms among finalists in FuzeHub commercialization competition
ALBANY, N.Y. — A Syracuse company and two firms with operations in Ithaca are among the 12 finalists in the annual FuzeHub commercialization competition. Triton Bio, Inc. of Syracuse, along with Anova Biomedical, Inc. and Parker Isaac Instruments d/b/a FormaPath, both with operations in Ithaca, are the regional finalists. Additional finalists are located in the
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
ALBANY, N.Y. — A Syracuse company and two firms with operations in Ithaca are among the 12 finalists in the annual FuzeHub commercialization competition.
Triton Bio, Inc. of Syracuse, along with Anova Biomedical, Inc. and Parker Isaac Instruments d/b/a FormaPath, both with operations in Ithaca, are the regional finalists. Additional finalists are located in the New York City, the Capital Region, Long Island, and Mid-Hudson regions.
Albany–based FuzeHub is a nonprofit organization that supports small and medium-sized manufacturing companies in New York state.
The eighth annual commercialization competition — which is part of the upcoming New York State Innovation Summit — is set for Oct. 28-29 at the Nicholas J. Pirro Convention Center at Oncenter in downtown Syracuse. It happens yearly as part of the Empire State Development (ESD)-supported FuzeHub Jeff Lawrence Innovation Fund.
The finalists have the chance to win $50,000 by pitching their business plan before a panel of judges and a live audience. One firm will win the top funding award of $150,000.
“I would like to take a moment to celebrate our twelve outstanding finalists” Patty Rechberger, Innovation Fund manager for the Jeff Lawrence Innovation Fund at FuzeHub, said in the announcement. “It is a significant accomplishment to reach this stage. These companies have proven that they have what it takes to break through the noise and the tenacity required to turn their innovative ideas into reality. I cannot wait to work with them to get ready for their live pitches at the Summit.”
Regional finalists
The finalists include Triton Bio, Inc., which is working on scalable manufacturing of a “smart” incubator for automating microbial analysis. The firm’s website lists an address of 841 E. Fayette St. in Syracuse, which is Upstate Medical University’s Central New York Biotech Accelerator.
They also include Anova Biomedical, Inc. of Ithaca, which says it is working on the first self-transforming, fully biodegradable vascular grafts.
Another finalist, Parker Isaac Instruments d/b/a FormaPath, has a manufacturing facility in Ithaca. It is working on nToto, automated tissue handling and visualization system to gross small biopsies.
Its description on the FuzeHub announcement says, “FormaPath has proven their concept combining robotics and computer vision to automate small biopsy grossing. Labs are under significant pressure to meet turnaround time and limited resources; manual processes are inherently inconsistent. nToto quickly delivers high-confidence reports to guide appropriate treatment for all patients.”
Besides its Ithaca manufacturing location, the firm’s website also lists locations in Brooklyn and Hood River, Oregon.
Klepper, Hahn & Hyatt has added Jon Pence to its staff. He is a structural-engineering designer with one year of experience. Pence, who has the
New York awarded $9.4 million to help small businesses tap into the semiconductor supply chain
New York State has been awarded $9.4 million in federal funding, with $1.5 million in matching funds from Empire State Development (ESD), to help small
Nwosu inaugurated as SUNY Oswego’s 11th president
OSWEGO, N.Y. — SUNY Oswego inaugurated Peter Nwosu as the school’s 11th president in a ceremony held Sept. 27. The event attracted observers from the
Bassett adds new MRI technology
COOPERSTOWN, N.Y. — Bassett Healthcare Network has invested in new MRI technology at its Bassett Medical Center in Cooperstown to improve patient comfort while providing fast, high-quality scanning, the health system announced. Magnetic resonance imaging, or MRI, is a medical-imaging technique that uses a magnetic field and computer-generated radio waves to create detailed images of
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
COOPERSTOWN, N.Y. — Bassett Healthcare Network has invested in new MRI technology at its Bassett Medical Center in Cooperstown to improve patient comfort while providing fast, high-quality scanning, the health system announced.
Magnetic resonance imaging, or MRI, is a medical-imaging technique that uses a magnetic field and computer-generated radio waves to create detailed images of organs and tissues in the body.
Bassett has added the Philips Ambition X MRI and Ambient Experience systems, built in Latham, integrates room design, dynamic lighting, mirrors, video, and calming sounds to give patients greater control of their surroundings to reduce stress levels during a process that many feel uneasy about. This can lead to better patient compliance with the scan, which requires little to no movement in order to capture clear images, according to the health system.
A 2020 survey by Philips found its Ambient Experience led to a 70 percent reduction in the need for rescans and an 80 percent reduction in patient sedation.
“This was my first MRI, and I must tell you, I was a bit nervous,” Patti Howland, an employee in Bassett Medical Center’s Radiology Department, said in a news release after trying out the new MRI system. “As a person who is not fond of small places, I was concerned I might get a bit claustrophobic. The staff was fantastic about explaining the procedure and excited to show me the images that would be displayed over my head. Unfortunately, my particular scan required that I keep my eyes closed, but the music was so soothing, I honestly almost fell asleep. I can truly say that I think the music and visual effects make a huge difference in comfort.”
Bassett has added the Ambient Experience to its existing MRI machine at the Cooperstown hospital as well.
The new Ambition system also operates with just seven liters of liquid helium instead of the usual 1,500 liters and never needs refilling, making it a more ecofriendly option than a standard MRI magnet, the release stated.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.